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3 years ago

If a seller in a competitive market chooses to charge more than the going price, then:

Business

1 answer:

attashe74 [19]3 years ago

3 0

Answer:

d. buyers will make purchases from other sellers

Explanation:

In the perfect competition structure producers have no power to change prices, as goods are homogeneous. Thus, since products are the same, if the producer raises the price, consumers will consume with other sellers.

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In a closed system one kilogram of carbon dioxide (CO_2) is expanded reversibly from 30 degree C and 200 kPa to 100 kPa pressure

lianna [129]

Answer:

the total work W = 29.05 kJ

the change in total internal energy is $\mathbf{\Delta U = - 27.19 \ kJ}$

the total heat transferred in [kJ] is Q = 1.860 kJ

Explanation:

Given that

mass of carbon dioxide in the closed system = 1 kg

Temperature $T_1= 30 ^0 C$ = (273+30 ) K = 303 K

Pressure $P_1 = \ 200 \ kPa$

Pressure $P_2 = 100 \ kPa$

polytropic expansion n = 1.27

Note that we are also given the following data set:

R = 188.9 J/kg.K

c_v = 655 J/kg.K

So; for a polytropic process ; $PV^{1.27} = c$

$\dfrac{T_2}{T_1}= ( \dfrac{V_1}{V_2})^{n-1} = (\dfrac{P_2}{P_1})^{\frac{n-1}{n}$

$T_2 = T_1 [\dfrac{P_2}{P_1}]^{\frac{n-1}{n}$

$T_2 = 303 [\dfrac{100}{200}]^{\frac{1.27-1}{1.27}$

$T_2 = 261.48 \ K$

Since the system does not follow the first order of thermodynamics; To calculate the total work by using the expression:

$W = \dfrac{P_1V_1-P_2V_2}{n-1} = \dfrac{mR(T_1-T_2)}{n-1}$

$W = \dfrac{1*188.9(303-261.48)}{1.27-1}$

W = 29048.62222 J

W = 29.05 kJ

Thus, the total work W = 29.05 kJ

The change in internal energy can be expressed by the formula:

$\Delta U = mc_v (T_2-T_1)$

$\Delta U = 1*655(261.48-303)$

$\Delta U = -27195.6 \ J$

$\mathbf{\Delta U = - 27.19 \ kJ}$

Hence; the change in total internal energy is $\mathbf{\Delta U = - 27.19 \ kJ}$

Finally; to determine the total heat transferred in [kJ]; we go by the expression for the first order of thermodynamics which say:

Total Heat Q = ΔU + W

Q = (-27.19 + 29.05)kJ

Q = 1.860 kJ

Hence; the total heat transferred in [kJ] is Q = 1.860 kJ

8 0

3 years ago

homeworklib Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory

stepan [7]

Answer:

$89.76

Explanation:

Calculation to determine the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc.

First step is to calculate Single overhead rate per hour using this formula

Single overhead rate per hour = Total overheads/ Total labor hour

Let plug in the formula

Single overhead rate per hour = 324600/21700 Single overhead rate per hour = 14.96per labor hour

Now let determine the Overhead rate per unit of product A in the painting department

Overhead rate per unit of product A in the painting department = 6 hours × $14.96per hour

Overhead rate = $89.76 per unit

Therefore, the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc is $89.76 per unit

6 0

3 years ago

During the recession of 2007-2009, the U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit cri

Stels [109]

Answer:Answer The business sector (b)The policy option is the fiscal policy

Explanation:

Recession can be defined as a state of economic declines in a country which in turn lead to decline in the GDP of a country as well as increase in the rate of unemployment in the country. It is a period of slow business activities in the country which can last for period of six months or a year depending on the quick response of the handlers of the economy to quickly put the situation under control. It is a period of slow growth in the economy. In a period of recession, the business sector experience lack of credit facility which arise due to the inability of the banking sector of the economy to lend to the business sector.. during these period there is a decrease in consumer spending, in the sense that, the demand for goods and services by the households will reduced drastically as a result of the reduction in the purchasing power of the people.

However, with a view to bring the economy under control, the policy option to be adopted is the fiscal policy in which the government can increase their spending on the economy, The fiscal policy also includes the reduction of the income tax as a way of increasing the purchasing power of the people. In addition, The banking sector will also be encouraged to start lending to the business sector as a way of boosting the economy and bring back the economy to the path of growth.

3 0

4 years ago

Angela, a manager at Exuberance Inc., believes in giving special attention to the needs of employees, creating learning opportun

rusak2 [61]

Answer:

C. Individualized consideration

Explanation:

Based on the information provided within the question it can be said that the component being illustrated in this scenario is individualized consideration. This term refers to the level to which a person in charge addresses the needs of his/her followers. Which Angela seems to be going above and beyond in order to address their needs by providing them with special attention, accepting differences, and creating opportunities for them.

3 0

4 years ago

Raw materials inventory was $27,000 at the beginning of the year and $25,000 at the end of the year. During the year, $100,000 i

tatuchka [14]

Answer:

c. $74,000

Explanation:

Raw Material Ending Inventory = Raw Material Beginning Inventory + Purchases - Cost of material for the year

Raw Material Ending Inventory = Raw Material Beginning Inventory + (Total Purchases- Indirect material purchased) - Cost of material for the year

$25,000 = $27,000 + ( $100,000 - $28,000 ) - Cost of material for the year

$25,000 = $27,000 + 72,000 - Cost of material for the year

$25,000 = $99,000 - Cost of material for the year

Cost of material for the year = $99,000 - $25,000

Cost of material for the year = $74,000

4 0

3 years ago